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Real Estate ABC - Information on Buying and Selling A Home
Interest Rate Report
Through the last four weeks, fixed mortgage interest rates stabilized, and then shot up almost half a point. House prices are going down almost everywhere, inflation is up, airlines continue to have problems, banks are in trouble, and it's an election year!
August Real Estate Report
Sales of existing homes in the USA went down by 2.04% last month. For month-to-month comparisons, sales were down everywhere, except in the West.
Tips for First Time Home Buyers
Buying a home can be a long, complicated and frightening process, and it is important to be prepared. Knowledge is power when it comes to negotiating the difficult world of home prices, interest rates and mortgage loans. For a first time home buyer, the more information you can gather before you start shopping, the better off you will be.
How to Sell Your Home in a Slow Market
Learn how to sell your home in the current real estate market. Knowing how to prepare your home for sale, when to allow access for showings, and how you can offer buyer incentives will help you find the right buyer, even in a declining market.
Foreclosures and the Housing Crisis
The housing crisis is causing a mess, because of lower home values and massive foreclosures, often blamed on the sub-prime mortgage industry and unethical loan officers. Find out what started the boom, and how that led to the current bust.
Home Buyers Guide - The Appraisal
Buying a home can be a complex process with many important steps. After finding your dream home, and acceptance of the purchase offer, the appraisal is the next step in becoming a homeowner.
Should You Start with a High Sales Price?
Because of the change in real estate market conditions, more sellers are competing for fewer home buyers. Therefore, it is important to challenge a long-standing "myth" of real estate, that the initial listing price is not that important because it can always be adjusted down later. Find out why making this mistake can prove so costly.
Foreclosure Rescue Bill Explained
The foreclosure and housing "stabilization" bill made its way through Congress and the President, who initially promised to veto it, signed it into law. To qualify for the new Federal Housing Administration (FHA) loan requires you to have a loan-to-value of 90% or less, including the up-front mortgage insurance premium.
Offset Your Mortgage Costs by Saving on Homeowners Insurance
With the fluctuating housing market, it is harder for homeowners to keep up with their mortgages. Learn how homeowners can save some extra money to help with mortgage payments by saving on their homeowners insurance.
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